Nextracker Management
Management criteria checks 1/4
Nextracker's CEO is Dan Shugar, appointed in Feb 2023, has a tenure of 1.25 years. total yearly compensation is $9.18M, comprised of 5% salary and 95% bonuses, including company stock and options. directly owns 0.091% of the company’s shares, worth $6.05M. The average tenure of the management team and the board of directors is 1.3 years and 1.3 years respectively.
Key information
Dan Shugar
Chief executive officer
US$9.2m
Total compensation
| CEO salary percentage | 5.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05
These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price
Mar 01Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
Feb 07Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Jan 19Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Oct 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$102m |
| Sep 29 2023 | n/a | n/a | US$61m |
| Jun 30 2023 | n/a | n/a | US$22m |
| Mar 31 2023 | US$9m | US$461k | US$1m |
| Dec 31 2022 | n/a | n/a | US$6m |
| Sep 30 2022 | n/a | n/a | US$18m |
| Jul 01 2022 | n/a | n/a | US$34m |
| Mar 31 2022 | US$1m | US$415k | US$51m |
Compensation vs Market: Dan's total compensation ($USD9.18M) is about average for companies of similar size in the US market ($USD8.45M).
Compensation vs Earnings: Dan's compensation has increased by more than 20% in the past year.
CEO
Dan Shugar (59 yo)
1.3yrs
Tenure
US$9,178,856
Compensation
Mr. Daniel S. Shugar, also known as Dan, has been the Chief Executive Officer and Director of Nextracker Inc. since February 8, 2023. He is the Co-Founder of legacy Nextracker Inc. and served as its Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.3yrs | US$9.18m | 0.091% $ 6.1m | |
| Director & President | 1.3yrs | US$5.92m | 0.017% $ 1.1m | |
| Co-Founder & COO | 1.3yrs | US$3.27m | 0.0067% $ 448.6k | |
| Chief Financial Officer | 1.3yrs | US$3.30m | 0.0080% $ 532.6k | |
| President of Strategy & Administration | 1.3yrs | US$5.89m | 0.017% $ 1.1m | |
| Co-Founder & Chief Commercial Officer | no data | no data | no data | |
| Co-Founder & CTO | no data | no data | no data | |
| Co-Founder & Chief Strategy Officer | no data | no data | no data | |
| General Counsel | 1.3yrs | US$434.98k | 0.0078% $ 523.2k | |
| Vice President of Global Marketing | no data | no data | no data | |
| Chief Human Resources Manager | 1.5yrs | no data | no data | |
| Senior Vice President of Finance | 2.1yrs | no data | no data |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: NXT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.3yrs | US$9.18m | 0.091% $ 6.1m | |
| Director & President | less than a year | US$5.92m | 0.017% $ 1.1m | |
| Independent Director | 1.3yrs | US$166.80k | 0.029% $ 1.9m | |
| Chairman | 1.3yrs | US$129.62k | 0.016% $ 1.1m | |
| Independent Director | 1.3yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | 0.0012% $ 79.3k |
1.3yrs
Average Tenure
59yo
Average Age
Experienced Board: NXT's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.